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funtotry
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December 02, 2014, 02:13:44 AM
 #81
Quote from: BitmoreCoin on November 30, 2014, 12:16:11 PM
Quote from: wickedgoodtrader on November 26, 2014, 07:21:20 PM
You guys forgot to put the 1-2% it costs to buy the BTC then the 1-2% to sell it! You also forgot to put the hoops you have to jump through to buy bitcoin. Much tougher then filling out a form at WU.

If we are paid with BTC in salary, then these costs will be eliminated.
Not true. This would only be correct if you were able to spend your salary in bitcoin (which would require a much larger merchant adoption and a much more stable price for it to make sense to do so
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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December 02, 2014, 09:52:52 AM
 #82
Quote from: funtotry on December 02, 2014, 02:13:44 AM
Quote from: BitmoreCoin on November 30, 2014, 12:16:11 PM
Quote from: wickedgoodtrader on November 26, 2014, 07:21:20 PM
You guys forgot to put the 1-2% it costs to buy the BTC then the 1-2% to sell it! You also forgot to put the hoops you have to jump through to buy bitcoin. Much tougher then filling out a form at WU.

If we are paid with BTC in salary, then these costs will be eliminated.
Not true. This would only be correct if you were able to spend your salary in bitcoin (which would require a much larger merchant adoption and a much more stable price for it to make sense to do so

That day will come slowly.
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